Engels During the year 2019. Alstroemeria made the following (independent) transactions: a) Received an invoice of €25 000 for this period's utilities b) Purchased €5 000 office supplies on account c) Purchased PPE for €125 000 in cash d) Issued ordinary shares for cash for a total of €38 000 e) Paid €16 000 for the outstanding accounts payable f) Performeda service to Customers on account for €88 000 g) Performed a service to customers for cash for €30 000 Requirement: What is the total impact (or change) of these transactions on the total assets of Alstroemeria for the year 2019? Keep in mind that each transaction can have a positive or negative impact on assets or leave the total amount unaffected. €145 000 €177 000 €120 000 €270 000
Engels During the year 2019. Alstroemeria made the following (independent) transactions: a) Received an invoice of €25 000 for this period's utilities b) Purchased €5 000 office supplies on account c) Purchased PPE for €125 000 in cash d) Issued ordinary shares for cash for a total of €38 000 e) Paid €16 000 for the outstanding accounts payable f) Performeda service to Customers on account for €88 000 g) Performed a service to customers for cash for €30 000 Requirement: What is the total impact (or change) of these transactions on the total assets of Alstroemeria for the year 2019? Keep in mind that each transaction can have a positive or negative impact on assets or leave the total amount unaffected. €145 000 €177 000 €120 000 €270 000
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section: Chapter Questions
Problem 6AP
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![Engels
During the year 2019. Alstroemeria made the following (independent) transactions:
a) Received an invoice of €25 000 for this period's utilities
b) Purchased €5 000 office supplies on account
c) Purchased PPE for €125 000 in cash
d) Issued ordinary shares for cash for a total of €38 000
e) Paid €16 000 for the outstanding accounts payable
f) Performeda service to Customers on account for €88 000
g) Performed a service to customers for cash for €30 000
Requirement: What is the total impact (or change) of these transactions on the total assets of
Alstroemeria for the year 2019? Keep in mind that each transaction can have a positive or negative
impact on assets or leave the total amount unaffected.
€145 000
€177 000
€120 000
€270 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d83f92a-c54c-4953-82e9-3cebb9651bee%2Fa0ffca9f-0f55-4e93-9e1b-0c9c8baeb088%2Fmn7y9b_processed.png&w=3840&q=75)
Transcribed Image Text:Engels
During the year 2019. Alstroemeria made the following (independent) transactions:
a) Received an invoice of €25 000 for this period's utilities
b) Purchased €5 000 office supplies on account
c) Purchased PPE for €125 000 in cash
d) Issued ordinary shares for cash for a total of €38 000
e) Paid €16 000 for the outstanding accounts payable
f) Performeda service to Customers on account for €88 000
g) Performed a service to customers for cash for €30 000
Requirement: What is the total impact (or change) of these transactions on the total assets of
Alstroemeria for the year 2019? Keep in mind that each transaction can have a positive or negative
impact on assets or leave the total amount unaffected.
€145 000
€177 000
€120 000
€270 000
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